LNG

China’s COSCO Shipping (Qidong) Offshore and the COSCO shipyard (Nantong) have received approval in principle (AiP) from the Norwegian classification society DNV, along with a main scantling approval for their new concept for a floating liquefaction and storage unit. The innovative new FLNG concept reflects the industry’s drive for flexible, lower-carbon energy solutions, commented DNV’s regional manager for greater China, Norbert Kray.